Although always behind, AMD used to be a lot closer to Intel. They have continued to move farther behind. Both companies are looking to diversify since the PC era is changing. The one that is the most successful in diversification could be the winner.

I think AMD is making good progress e.g. recently hiring new software technicians/engineers for drivers etc (long overdue), AMD is concentrating on what it should have (mobile+GPU) and is avoiding head on with intel for the moment (being weak & starting a brawl is bad idea). You can`t take a giant out with a knock out punch but should work on parts of the body - little by little. start with the (Intel) Achilles AMD...